$155,000
Chicago, IL 60620
Discover the potential in this classic Auburn Gresham frame home, offering nearly 1,982 sq ft of interior space on a 3,762 sq ft lot. The property needs a full gut rehab, but the structure has solid bones, giving investors and developers a straightforward starting point for a complete redesign. If you estimate a good reno budget, this home can be rebuilt into a modern single-family layout that meets today's standards, open living areas, updated bedrooms, and a comfortable primary suite. The generous footprint provides flexibility for a thoughtful and functional floorplan. Recent neighborhood values support ARV resale potential in the $300K+ range, making this a practical value-add project for experienced buyers. With the right vision, this property offers a solid opportunity to create a refreshed single-family home in a steadily improving pocket of Auburn Gresham. Investment Highlights: * Neighborhood supports $300K+ ARV for fully renovated single-family homes * Nearly 2,000 sq ft to reconfigure into a modern floorplan * Strong lot size with room for outdoor space or parking * Suitable for fix and flip, BRRRR, or a full single-family rebuild.
Estimated monthly cost for this home
$873/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.03%, 2026-09-24). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Jul 18, 2026 | $155,000 |
| 2024 property taxes | $7/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Northpoint Realty & Asset Mgmt, listed by Juliette Davis.
Information last updated Sep 24, 2026, 6:45 PM.
1032 88th Street
Chicago, IL 60620

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.